CCI Approves Restaurant Brands Asia Stake Acquisition

CCI approved acquisition of stake in Restaurant Brands Asia by Lenexis Foodworks, Aayush Agrawal Trust, and related entities.
The target company is national master franchisee of Burger King brand across India with exclusive development rights.
Acquisition involves multiple steps including equity subscriptions, warrant subscriptions, equity purchases, and an open offer.
Lenexis Foodworks operates QSR brands 'Chinese WOK', 'The Momo Co', and 'Big Bowl Co' pan-India.